Head-To-Head Analysis: REE Automotive (NASDAQ:REE) vs. Nuvve (NASDAQ:NVVE)

REE Automotive (NASDAQ:REEGet Free Report) and Nuvve (NASDAQ:NVVEGet Free Report) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, risk, profitability, earnings, analyst recommendations, institutional ownership and valuation.

Risk and Volatility

REE Automotive has a beta of 2.73, suggesting that its share price is 173% more volatile than the S&P 500. Comparatively, Nuvve has a beta of 1.81, suggesting that its share price is 81% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for REE Automotive and Nuvve, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
REE Automotive 1 2 1 0 2.00
Nuvve 1 0 0 0 1.00

REE Automotive presently has a consensus target price of $8.17, suggesting a potential upside of 1,270.48%. Given REE Automotive’s stronger consensus rating and higher possible upside, equities research analysts clearly believe REE Automotive is more favorable than Nuvve.

Profitability

This table compares REE Automotive and Nuvve’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
REE Automotive N/A N/A N/A
Nuvve -641.21% N/A -174.96%

Earnings & Valuation

This table compares REE Automotive and Nuvve”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
REE Automotive $180,000.00 73.69 -$111.75 million ($7.19) -0.08
Nuvve $5.29 million 0.24 -$17.40 million ($479.60) 0.00

Nuvve has higher revenue and earnings than REE Automotive. REE Automotive is trading at a lower price-to-earnings ratio than Nuvve, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

12.7% of REE Automotive shares are held by institutional investors. Comparatively, 19.0% of Nuvve shares are held by institutional investors. 6.0% of REE Automotive shares are held by company insiders. Comparatively, 17.5% of Nuvve shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

REE Automotive beats Nuvve on 8 of the 13 factors compared between the two stocks.

About REE Automotive

(Get Free Report)

REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. The company offers REEcorner, a compact module that integrates critical vehicle drive components comprising as steering, braking, suspension, powertrain, and control between the chassis and the wheel; and REEplatform that allows for the addition of a modular and customizable top hat/cabin design based on customer specifications, without requiring modification to the platform. It also provides P7-S Strip Chassis for commercial delivery vehicles and walk-in vans; P7-C Chassis Cab and Cutway Chassis, a class 4 chassis cab fully electric commercial truck for delivery and a range of vocational applications; and P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with its all-wheel drive and all-wheel steer for vehicle control for better handling and safety in adverse conditions. It serves original equipment manufacturer, delivery and logistic fleets, dealers, e-commerce retailers, new mobility players, mobility-as-a-service providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.

About Nuvve

(Get Free Report)

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. In addition, the company offers networked charging stations, infrastructure, software, professional services, support, monitoring, and parts and labor warranties required to run electric vehicle fleets. It serves its products to owners/operators of light duty fleets, heavy duty fleets, automotive manufacturers, charge point operators, and strategic partners. The company was founded in 2010 and is headquartered in San Diego, California.

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